U.S. stocks slump in final hour of session ahead of June inflation data
Tag: U.S
‘The good, the bad and the ugly’: here’s how the market might react to the latest U.S. inflation data
Expectation for U.S. inflation have fallen over the past month thanks largely to the drop in industrial and agricultural commodity prices. This trend has shown up in the Federal Reserve Read more
U.S. inflation is still rising. Can it reach 9%?
Has the biggest increase in U.S. inflation in 40 years reached a peak? Not yet. Consumer prices rose sharply again in June and the yearly increase in the cost of Read more
U.S. sets strategy to combat BA.5 with focus on vaccines and updated boosters, and Moscow residents urged to wear face masks in public again
The administration of President Joe Biden on Tuesday outlined a strategy to manage the dominant BA.5 omicron subvariant that is based around expanding access to vaccines, treatments, tests and other Read more
U.S. drone strike kills Maher al-Agal, a leader of the Islamic State group in Syria
WASHINGTON (AP) — The Pentagon said Tuesday that it killed a leader of the Islamic State group in Syria in a drone strike. U.S. Central Command said in a news Read more
U.S. sets strategy to combat BA.5 with focus on vaccines and updated boosters, and Moscow residents urged to wear face masks in public again
The administration of President Joe Biden on Tuesday outlined its strategy to manage the dominant BA.5 omicron subvariant that is based around expanding access to vaccines, treatments, tests and other Read more
U.S. stocks open higher as dollar retreats from parity with euro
U.S. stocks opened mostly higher on Tuesday as Treasury yields declined and the dollar retreated from parity with the euro. The S&P 500 SPX, +0.47% dropped 2.5 points, or 0.1%, Read more
Oil slumps over 4% as U.S. benchmark slides back below $100 a barrel
Oil futures fell sharply early Tuesday, with the U.S. benchmark slipping back below $100 a barrel, hampered by a strong dollar and continued worries over COVID-19 restrictions in China. Price Read more
U.S. yield curve most inverted in 15 years
Bond yields fell on Tuesday as investors sought the safety of government debt amid floundering equity markets and lingering global growth concerns ahead of crucial U.S. inflation data. What’s happening Read more
U.S. stock futures slide for second day as strong dollar adds to earnings fears
U.S. stock futures retreated on Tuesday as the dollar rose and Treasury yields fell, a scenario reflecting lingering concerns about waning economic activity and the impact on company profits. How Read more